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Premier1 Lithium Cancels 6 Million Options and Performance Rights After Conditions Lapse

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Premier1 Lithium Cancels 6 Million Options and Performance Rights After Conditions Lapse

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SensOre Ltd ( (AU:PLC) ) has provided an announcement.

Premier1 Lithium Limited has announced the cessation of a total of 6 million equity-linked securities after certain conditions attached to them were not met. This includes the lapse of 500,000 options and 5.5 million performance rights, both expiring 1 June 2027, which will reduce the company’s pool of potential future share issuances and slightly simplify its capital structure, with limited immediate impact on existing shareholders.

The most recent analyst rating on (AU:PLC) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on SensOre Ltd stock, see the AU:PLC Stock Forecast page.

More about SensOre Ltd

Premier1 Lithium Limited is an ASX-listed resources company focused on lithium exploration and development. The company operates within the battery minerals sector, targeting lithium assets that support growing demand from electric vehicle and energy storage markets.

Technical Sentiment Signal: Sell

Current Market Cap: A$5.63M

See more insights into PLC stock on TipRanks’ Stock Analysis page.

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